CE Q2 2018 Earnings Report — Celanese Corporation Revenue & Financial Results | Market Cap Arena

Celanese CorporationCE

Q2 2018 Earnings

Reported July 20, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2018	Q1 2018	Q2 2017	QoQ Change	YoY Change
Revenue	$1.8B	—	—	—	—
Op. Income	$358M	—	—	—	—
Gross Margin	28.3%	—	—	—	—
Net Margin	18.7%	—	—	—	—
EPS (Diluted)	$2.52	—	—	—	—
Free Cash Flow	$506M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.3B
GROSS PROFIT	$521M
R&D Expenses	$18M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$136M
Other Expenses	$23M
Operating Expenses	$161M
Cost & Expenses	$1.5B
OPERATING INCOME	$358M
Interest Income	$0
Interest Expense	$32M
Other Income/Expenses	$84M
INCOME BEFORE TAX	$442M
Income Tax Expense	$97M
Net Income from Continuing Ops	$345M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$344M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$344M
D&A	$7M
EBIT	$474M
EBITDA	$562M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.3B
GROSS PROFIT	$521M
R&D Expenses	$18M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$136M
Other Expenses	$23M
Operating Expenses	$161M
Cost & Expenses	$1.5B
OPERATING INCOME	$358M
Interest Income	$0
Interest Expense	$32M
Other Income/Expenses	$84M
INCOME BEFORE TAX	$442M
Income Tax Expense	$97M
Net Income from Continuing Ops	$345M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$344M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$344M
D&A	$7M
EBIT	$474M
EBITDA	$562M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$345M
Depreciation & Amortization	$88M
Stock-Based Compensation	$17M
Deferred Income Tax	$59M
Other Non-Cash Items	-$44M
Change in Working Capital	$120M
OPERATING CASH FLOW	$585M
Capital Expenditure	-$79M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$17M
NET CASH FROM INVESTING	-$96M
Net Debt Issuance	-$74M
Common Stock Repurchased	-$100M
Common Dividends Paid	-$73M
Other Financing Activities	-$7M
NET CASH FROM FINANCING	-$254M
FREE CASH FLOW	$506M
Net Change in Cash	$218M

Balance Sheet

Item	Amount
Cash & Equivalents	$708M
Short-Term Investments	$32M
Net Receivables	$1.4B
Inventory	$917M
Other Current Assets	$51M
TOTAL CURRENT ASSETS	$3.2B
PP&E (Net)	$3.7B
Goodwill	$1.1B
Intangible Assets	$325M
Long-Term Investments	$963M
Tax Assets	$163M
Other Non-Current Assets	$392M
TOTAL NON-CURRENT ASSETS	$6.6B
TOTAL ASSETS	$9.8B
Account Payables	$819M
Short-Term Debt	$366M
Deferred Revenue	$111M
Other Current Liabilities	$169M
TOTAL CURRENT LIABILITIES	$1.6B
Long-Term Debt	$3.2B
Deferred Revenue NC	$52M
Deferred Tax Liabilities	$397M
Other Non-Current Liabilities	$864M
TOTAL NON-CURRENT LIABILITIES	$4.4B
TOTAL LIABILITIES	$6.0B
Common Stock	$0
Additional Paid-In Capital	$208M
Retained Earnings	$5.5B
Treasury Stock	-$2.1B
Accum. Other Comp. Income	-$188M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.4B
Minority Interest	$407M
TOTAL EQUITY	$3.8B
TOTAL LIABILITIES & EQUITY	$9.8B
Total Debt	$3.6B
Net Debt	$2.9B